Viewing results 1 - 6 of 22
ASTANA (TCA) — A delegation of Kazakhstan concluded a number of agreements with large British companies during the 4th meeting of the Kazakh-British Intergovernmental Commission for trade, economic, scientific, technical and cultural cooperation held in London last week, the official website of the Prime Minister of Kazakhstan reported. Continue reading
ASTANA (TCA) — The 4th meeting of the Kazakh-British Intergovernmental Commission for trade, economic, scientific, technical and cultural cooperation and the 2nd meeting of the Kazakh-British Business Council took place in London on December 11, the official website of the Prime Minister of Kazakhstan reported. The delegation of Kazakhstan was headed by the Minister for Investments and Development, Zhenis Kassymbek. Minister Kassymbek in his welcoming speech expressed his gratitude to the UK Government and Kazakhstan’s sovereign wealth fund Samruk-Kazyna for organizing and hosting the Kazakh-British Business Council, which helps bring together the business circles of the two countries. He noted that in 2017, Kazakh-British cooperation shows positive dynamics: for the first 9 months of the year, the export from Kazakhstan to Great Britain grew by 8.2% and amounted to $720 million. Great Britain is one of the six largest investors in Kazakhstan. Over the past 12 years, the inflow of direct investment into Kazakhstan has exceeded $12 billion. There are over 500 joint ventures with the participation of British capital in Kazakhstan. The main goal of the Kazakh-British Business Council meeting was to share the positive developments taking place in Kazakhstan's national companies with the international community, as well as to familiarise British companies with the investment opportunities in Kazakhstan, Samruk-Kazyna said. "Through this event and a number of upcoming bilateral meetings that we intend to organise, we aim to strengthen economic relations between the UK and Kazakhstan and attract more British investment in our country," said Baljeet Kaur Grewal, Managing Director for Strategy and Portfolio Management of Samruk-Kazyna. Emma Nicholson, Baroness Nicholson of Winterbourne, Trade Representative of the Prime Minister of the United Kingdom in Kazakhstan, added: “British financial services and legal advisers are working hard to boost the development of the Astana International Financial Centre, and will continue to do so. London remains the financial centre of Europe, and is willing to work with Kazakhstan to implement its ambitious privatisation programme, which has proved successful so far.” Erlan Idrissov, Ambassador of Kazakhstan to Great Britain, noted: “The very fact that this economic event is taking place reflects the strength of the bilateral relationship between our two countries. I am very proud that at the end of the year in which we celebrated the 25th anniversary of relations between the UK and Kazakhstan, we are enjoying this busy day full of economic dialogue.”
ASTANA (TCA) — Investment opportunities of Kazakhstan and Astana International Financial Center (AIFC) were presented on November 9 to government and private business officials of Great Britain during the Kazakh-British Investment Forum in London City, the official website of the Prime Minister of Kazakhstan reported. The event was organized by London City Corporation, AIFC and National Company Kazakh Invest, and supported by Kazakhstan’s Embassy in the UK. During the Forum, welcome speeches were delivered by Ambassador of Kazakhstan to the UK Yerlan Idrissov, Ambassador of Great Britain to Kazakhstan Caroline Brown, AIFC Governor Kairat Kelimbetov, and Deputy Chairman of the Board of Kazakh Invest Birzhan Kaneshev, as well as London City Lord Mayor Andrew Parmly and Trade Envoy of the UK Prime Minister to Kazakhstan, Baroness Emma Nicholson. Yerlan Idrissov noted in his speech that for 25-year history of cooperation, the status of relationships between Kazakhstan and Great Britain reached the level of strategic partnership. "Based on strong and trusting relations, our countries actively cooperate in the implementation of such priority projects as creation and development of AIFC, the program of privatization of Kazakhstan’s national companies, interaction within the framework of the Chinese initiative One Belt, One Road," the Kazakh ambassador to Great Britain said. Ambassador of Great Britain to Kazakhstan Caroline Brown said that “International confidence is a key to success of Astana International Financial Center. The more investors from Great Britain and other countries and a variety of economic sectors consider the investment opportunities in Kazakhstan, the more will be the role of AIFC in providing financial and juridical services that investors will need.” Kairat Kelimbetov, the Governor of AIFC, mentioned during his speech that the platform being built provides for numerous privileges for investors and those advantages should be supportive in creating comfortable conditions of investment inflow to Kazakhstan. “AIFC is well placed to become a Eurasian gate providing trade and financial flows between East and West countries,” Kelimbetov said. Deputy Chairman of Kazakh Invest Birzhan Kaneshev said that “The total direct investments volume from the UK to Kazakh economy exceeds $12 billion. According to the National Investment Strategy of Kazakhstan, Great Britain is one of the high-priority countries in the context of investment attraction, which makes collaboration between our countries even stronger.”
TASHKENT (TCA) — The Chamber of Commerce and Industry of Uzbekistan jointly with the British Embassy in Uzbekistan on August 29 held a seminar entitled "Export of horticultural and agricultural products to the UK". The event focused on issues of exporting local fruits and vegetables, agricultural products to the United Kingdom, the Jahon information agency reports. The event was attended by representatives of the government and business entities, including 19 entrepreneurs who will take part in “Fine Food 2017” international exhibition that will be held September 2-5 in London. In 2016, the trade turnover between Uzbekistan and Great Britain amounted to $151 million. There are 559 enterprises with participation of British investors in Uzbekistan. Representative offices of 68 British companies are accredited in the Ministry of Foreign Affairs of Uzbekistan. Companies such as British-American Tobacco for manufacturing tobacco products, WorleyParsons, specialized in project and engineering sphere, Rio Tinto, operating in the mining industry, as well as the well-known organizer of exhibitions, ITE, are working in the country. The work of the Uzbek-British Trade and Industry Council plays an important role in bilateral trade and economic partnership. The most recent, 23rd meeting of the Council was held in November 2016 in Tashkent. At the seminar, Uzbek exporting enterprises were provided with information on conditions for export of fruits and vegetables, agricultural products to the United Kingdom, and on requirements for imported products, and the overall potential of the market.
BISHKEK (TCA) — The British Embassy in Bishkek will present an exhibition of paintings, sculptures and graphics on the theme "Common Values, Creativity" at the Chuikov Exhibit Hall of the Union of Artists of Kyrgyzstan “Duboviy Park” from 6-14 July. The opening ceremony of the exhibition will take place on July 5. Continue reading
BISHKEK (TCA) — On June 13, the first Double Taxation Agreement was signed between the Kyrgyz Republic and the United Kingdom of Great Britain and Northern Ireland by British Ambassador Robin Ord-Smith and Kyrgyz Minister of Economy Arzybek Kojoshev, the British Embassy in Bishkek said. Continue reading
